Nifty Bulls protects 8656, EOD Analysis

• FII's sold 13.8 K contract of Index Future worth 892 cores ,11.4 K Long contract were liquidated by FII's and 2.3 K short contracts were added by FII's. Net Open Interest decreased  by 9 K contract, so fall in market was used by FII's to exit long and enter shorts  in  Index futures. The important things in life

 As discussed last Analysis   As we have weekly closing today bulls would like to have close above 8756 and bears below 8656. Below 8656 we can breach the low of 8555 formed on 30 Sep. Nifty made low of 8663 thus protecting the break of 8656, Close below 8656 would have

Continue Reading